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E3 Lithium TSXV:ETL Stock Report

Last Price

CA$0.92

Market Cap

CA$69.2m

7D

-2.1%

1Y

-58.4%

Updated

29 Dec, 2024

Data

Company Financials +

E3 Lithium Limited

TSXV:ETL Stock Report

Market Cap: CA$69.2m

ETL Stock Overview

Engages in the development and extraction of lithium resources in Alberta. More details

ETL fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance0/6
Financial Health6/6
Dividends0/6

Risk Analysis

Makes less than USD$1m in revenue (CA$0)

Currently unprofitable and not forecast to become profitable over the next 3 years

Does not have a meaningful market cap (CA$69M)


My Notes

Capture your thoughts, links and company narrative

E3 Lithium Limited Competitors

Power Metals

TSXV:PWM

CA$67.6m

Lara Exploration

TSXV:LRA

CA$68.2m

NorthWest Copper

TSXV:NWST

CA$67.2m

Sherritt International

TSX:S

CA$61.6m

Price History & Performance

Summary of share price highs, lows and changes for E3 Lithium
Historical stock prices
Current Share PriceCA$0.92
52 Week HighCA$2.24
52 Week LowCA$0.90
Beta0.63
1 Month Change-17.86%
3 Month Change-18.58%
1 Year Change-58.37%
3 Year Change-60.00%
5 Year Change155.56%
Change since IPO104.44%

Recent News & Updates

We're Keeping An Eye On E3 Lithium's (CVE:ETL) Cash Burn Rate

Jul 18
We're Keeping An Eye On E3 Lithium's (CVE:ETL) Cash Burn Rate

Recent updates

We're Keeping An Eye On E3 Lithium's (CVE:ETL) Cash Burn Rate

Jul 18
We're Keeping An Eye On E3 Lithium's (CVE:ETL) Cash Burn Rate

Here's Why We're Not Too Worried About E3 Lithium's (CVE:ETL) Cash Burn Situation

Apr 04
Here's Why We're Not Too Worried About E3 Lithium's (CVE:ETL) Cash Burn Situation

We're Hopeful That E3 Lithium (CVE:ETL) Will Use Its Cash Wisely

Aug 25
We're Hopeful That E3 Lithium (CVE:ETL) Will Use Its Cash Wisely

Companies Like E3 Metals (CVE:ETMC) Are In A Position To Invest In Growth

Mar 23
Companies Like E3 Metals (CVE:ETMC) Are In A Position To Invest In Growth

E3 Metals (CVE:ETMC) Is In A Good Position To Deliver On Growth Plans

Nov 23
E3 Metals (CVE:ETMC) Is In A Good Position To Deliver On Growth Plans

Companies Like E3 Metals (CVE:ETMC) Can Afford To Invest In Growth

Aug 05
Companies Like E3 Metals (CVE:ETMC) Can Afford To Invest In Growth

Shareholder Returns

ETLCA Metals and MiningCA Market
7D-2.1%0.8%0.9%
1Y-58.4%19.2%15.7%

Return vs Industry: ETL underperformed the Canadian Metals and Mining industry which returned 19.2% over the past year.

Return vs Market: ETL underperformed the Canadian Market which returned 15.7% over the past year.

Price Volatility

Is ETL's price volatile compared to industry and market?
ETL volatility
ETL Average Weekly Movement6.4%
Metals and Mining Industry Average Movement10.1%
Market Average Movement8.1%
10% most volatile stocks in CA Market17.3%
10% least volatile stocks in CA Market2.9%

Stable Share Price: ETL has not had significant price volatility in the past 3 months compared to the Canadian market.

Volatility Over Time: ETL's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
n/an/aChris Doornboswww.e3lithium.ca

E3 Lithium Limited engages in the development and extraction of lithium resources in Alberta. It develops the Clearwater Lithium project located in the Bashaw District; and the Leduc brines. The company was formerly known as E3 Metals Corp. and changed its name to E3 Lithium Limited in July 2022.

E3 Lithium Limited Fundamentals Summary

How do E3 Lithium's earnings and revenue compare to its market cap?
ETL fundamental statistics
Market capCA$69.25m
Earnings (TTM)-CA$9.54m
Revenue (TTM)n/a

0.0x

P/S Ratio

-7.3x

P/E Ratio

Is ETL overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ETL income statement (TTM)
RevenueCA$0
Cost of RevenueCA$0
Gross ProfitCA$0
Other ExpensesCA$9.54m
Earnings-CA$9.54m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-0.13
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio0%

How did ETL perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/29 03:42
End of Day Share Price 2024/12/27 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

E3 Lithium Limited is covered by 2 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Puneet SinghEight Capital
Joseph ReagorRoth MKM